Corporate Debt Is More Concerning Than Household Debt in the US

US household debt is back just above the levels seen at the start of the new millennium, big deleveraging since the Global Financial Crisis.

 

  • US household debt is back just above the levels seen at the start of the new millennium, big deleveraging since the Global Financial Crisis
  • Corporates, though, are back to 2008 levels which could constitute a risk if rates were to increase

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